Governments continue to increase focus on the potential for green growth, as the UK launches a £960 million investment programme. Meanwhile, insurance is going to play a central role in the effective transition to a nature-positive net zero economy, as no projects (and no fossil fuel exploitation) will occur without the appropriate insurance. The EU is currently under fire for failing to make transition plans mandatory for insurers under forthcoming Solvency II regulations, while Lloyds has taken a step forward with the launch of a consultation on the transition.
Neustark has developed a novel process that enables carbon dioxide (CO2) to be permanently stored within demolition waste that can then be recycled into new building materials. The Swiss startup was founded in 2019 by Johannes Tiefenthaler and Valentin Gutknecht.
CarbonCure Technologies and Heirloom have joined forces to permanently store atmospheric CO2 captured by Heirloom’s Direct Air Capture (DAC) technology in concrete using CarbonCure’s carbon mineralisation technologies.
Soon-to-be-launched registry Isometric has released a new standard for carbon removal credits, in a bid to boost the credibility of the voluntary carbon markets.
From decarbonising steel to unmasking the issues with carbon removals, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
Global investment data shows that climate tech funding reached 10% of global VC investment in 2022 but Divij Ruparelia of DAI Magister explains why adaptation needs more focus.
The voluntary carbon markets must scale rapidly to fill a $90 billion investment gap but confusion about standards, credit verification and impact credibility make this a significant challenge.
Global carbon credits ratings agency BeZero Carbon has announced its first engineered carbon removal rating. An industry-first, this rating analyses a biochar project and marks a shift towards the maturation of the nascent but essential carbon removal sector.